On Wednesday, September 7, 2022, GameStop Corp. (NYSE: GME), a gaming merchandise seller, announced a partnership with FTX, a popular crypto marketplace. It also reported a smaller loss than the estimated one during its quarterly earnings that were released on the same date. The GME stock surged after the news …
Read More »GameStop To Drop Crypto Initiatives Now After Significant Loss
GameStop, the gaming giant has withdrawn itself from crypto initiatives after facing a huge loss. The company suffered a net loss of $94.7 million in the third quarter (Q3). However, it seems that it will continue to move forward with NFT and blockchain technology plans. GameStop Crypto Decline: The Announcement …
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